The Office of the Special Prosecutor (OSP) has directed the Tema Oil Refinery (TOR) to with immediate effect suspend the proposed partnership agreement with Tema Energy and Processing Limited (TEPL).
This comes on the back of opposition by the staff of TOR over the partnership agreement with Torentco Asset Management Limited now Tema Energy and Processing Limited.
In a letter dated November 21, 2023 and signed by the Special Prosecutor, Kissi Agyebeng to the Managing Director of TOR, Daniel Osei Appiah, he indicated that his office has commenced an analysis of the risk of corruption in respect of the proposed partnership.
“You are directed to immediately suspend the proposed partnership agreement, ongoing negotiations, operations and all other ancillary activities arising out of and consequent upon the proposed partnership agreement until you are otherwise advised by the Special Prosecutor,” Mr. Agyebeng stated.
Attached is the full letter by the OSP